Internal Management Reporting on Efficiency of Budget Funds Use

Abstract

Adoption of effective and justified management decisions depends on the quality of preparation of detailed and reliable information that most fully reflects the effectiveness and targeted use of state aid funds received by organizations during the reporting period. Reasonable and detailed disclosure of information on the state aid in reporting is important, because these funds are an additional source of financing for the organization and an investment by the state in the development of this organization. The purpose of the article is development of organizational and methodical provisions and practical aspects of formation of management reporting on target use of budgetary funds. Objectives of the study: to determine the principles and criteria for evaluation of subsidies to agricultural organizations based on the study of sectoral peculiarities; to develop a form of internal management reporting on the state of budgetary funds as an information base and the basis for monitoring the target use and evaluation of efficiency of spending of state aid in organizations. In this article, such methods as analysis of scientific and theoretical sources, system approach, method of comparative analysis, generalization were used. In the process of research on the basis of generalization of peculiarities of formation and use in management of information on budgetary funds, the form of internal management report on the state of budgetary funds, allowing estimation of the system of economic, financial and operational indicators, characterizing the state of subsidizing and efficiency of use of budgetary funds, was developed.